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Insight | Time: Mar 15 2023 10:25AM  Editor:Leslie
US textile and apparel imports continue to hit a 30-month low in Jan
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In January 2023, the US textile and apparel imports totaled 6.83 billion square meters, down 20.5% year on year but up 10.9% month on month, declining for the sixth consecutive month. Imports amounted to $9.6 billion, down 5.8% year on year yet up 9.8% month on month.


Among them, the apparel import volume was 2.16 billion square meters, down 17.5% from last year, but up 12.9% compared with last month. Apparel imports value of US toppled $7.27 billion, slipping by 4% year on year, but up 11% month on month.



The month on month growth of US apparel import recovered somewhat in January, after hitting a 30-month low in December since the outbreak of the pandemic in the United States in June 2020.



China's share of U.S. apparel imports has been below 40% since November 2021.


In January, the total amount of US textile and apparel imported from China was 2.29 billion square meters, decreasing by 27% year-on-year, and the value was 2.17 billion US dollars, down 25.4% year-on-year. Among them, the apparel imports from China totaled 700 million square meters, dropping by 30% from last year, and the value reached $1.44 billion, down 24.5% year on year.

[RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general market commentary and does not constitute investment advice. CCFGroup will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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